“We made a creative offer on a creative business model…. And it was accepted. We need to get onto the next phase and we have a limited amount of time to do it,” they added in another tweet.

The campaign to save the theatre, which is known for its varied programming — ranging from Dungeons and Dragons themed improv to cult films to festival-circuit independent cinema, has attracted some high profile supporters.

Vancouver Film School alumni and indie film darling Kevin Smith, best known for his films Clerks and Jay and Silent Bob Strike Back lent his support, telling Global News the theatre is “an amazing space” and that he would do whatever it takes to keep it open, even if it means “trying to literally hold the doors open with my body, my large body.”